Maple Infrastructure Trust announced its quarterly results for the quarter ended December 31, 2025, with the board of directors meeting held on February 11, 2026. The infrastructure investment trust reported significant operational and financial developments during the third quarter of fiscal year 2026.

Financial Performance Overview

The trust demonstrated strong revenue growth across both standalone and consolidated operations during Q3FY26.

Standalone Financial Results

For the nine-month period ended December 31, 2025, standalone revenue from operations reached ₹3,889.33 million compared to ₹3,221.08 million in the corresponding period of the previous year.

Consolidated Financial Results

The consolidated results show substantial revenue growth, though the trust reported higher losses due to increased operational expenses and finance costs from the expanded asset base.

Major Acquisitions Completed

During the quarter, Maple Infrastructure Trust completed significant acquisitions that expanded its highway portfolio. The trust acquired 100% equity stakes in five highway projects through Share Purchase Agreements dated October 30, 2024, with amendments on October 9, 2025, and November 24, 2025.

Acquisition Details

All five entities became wholly-owned subsidiaries of the trust effective November 26, 2025. The acquisitions were accounted for as asset acquisitions rather than business combinations under Indian Accounting Standards.

Board Decisions and Corporate Governance

The board meeting held on February 11, 2026, addressed several key governance matters:

• Financial Results Approval: The board approved unaudited standalone and consolidated financial information for Q3FY26 and nine months ended December 31, 2025
• Director Re-appointment: Approved re-appointment of Ms. Seema Gupta (DIN: 06636330) as Independent Director for a second five-year term starting March 31, 2026, subject to member approval
• Audit Reports: Took on record the Limited Review Report issued by statutory auditors
• Compliance Review: Reviewed statement of deviations for the quarter ended December 31, 2025

Distribution History

The trust maintained its distribution track record with payments made during the fiscal year:

No distribution was declared for the quarter ended December 31, 2025.

Financial Ratios and Key Metrics

The consolidated financial metrics as of December 31, 2025, reflect the impact of recent acquisitions:

The trust's net worth increased to ₹45,152.42 million as of December 31, 2025, compared to ₹30,533.46 million in the previous year, primarily due to the expanded asset portfolio.

Operational Developments

The trust continues to address ongoing matters related to its subsidiary Shree Jagannath Expressways Private Limited, where conciliation proceedings with NHAI regarding project completion certificates are pending through a sole conciliator appointed during the period.

Additionally, the trust secured additional funding facilities of up to ₹37,500.00 million through a Rupee Term Loan Agreement signed on September 1, 2025, with National Bank for Financing Infrastructure and Development and Axis Bank Limited for refinancing and onward lending purposes.

Maple Infrastructure Trust has announced a key board appointment, strengthening its leadership structure with the addition of a new director to oversee strategic initiatives.

Board Appointment Details

The Board of Directors of Maple Infra InvIT Investment Manager Private Limited, acting as Investment Manager to Maple Infrastructure Trust, has approved the appointment of Mr. Akshay Jaitly as Additional Director. The appointment follows a recommendation from the Nomination and Remuneration Committee and was formalized through a board resolution dated January 31, 2026.

Regulatory Compliance

The appointment has been made in accordance with the applicable provisions of SEBI (Infrastructure Investment Trusts) Regulations, 2014 and other applicable laws, as amended from time to time. The trust has ensured compliance with all relevant notifications, clarifications, guidelines and circulars issued under the regulatory framework.

Corporate Communication

The intimation regarding this appointment has been formally communicated to BSE Limited under Security Code: 543925 and SCRIP ID: MIT. The information is also available on the trust's official website at www.maplehighways.com for stakeholder reference.

The appointment notification was signed by Vikas Prakash, Company Secretary and Compliance Officer of Maple Infra InvIT Investment Manager Private Limited, with Axis Trustee Services Limited copied on the communication as the trustee entity.